| THIS REPORT IS PROVIDED "AS IS" FOR INFORMATION PURPOSES ONLY AND MARKET LINX AND RICHARD C. DECKER P.A. EXPRESSLY DISCLAIMS ANY WARRANTIES ABOUT THE LEGALITY OR PROPRIETY OF THE USE OF THIS REPORT FOR ANY PURPOSE, INCLUDING FOR PURPOSES RELATED TO APPRAISALS. MARKETLINX AND RICHARD C. DECKER P.A. DISCLAIMS ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSES, OR WARRANTIES BASED ON COURSE OF DEALING OR USAGE IN TRADE. | ||||||||
| Evaluation Date | 8/12/2010 | Prior 7-12 Months | Prior 4-6 Months | Current - 3 Months | ||||
| 3 Months Ago | 5/13/2010 | Comp Sales | 43 | 27 | 29 | |||
| 6 Months ago | 2/10/2010 | Absorption Rate (sales/month) | 7.2 | 9.0 | 9.7 | |||
| 12 Months ago | 8/12/2009 | Total Active Comps | 82 | 53 | 32 | |||
| Months of Housing Supply | 11.4 | 5.9 | 3.3 | |||||
| Sold Comp Median Sales Price | $159,000 | $165,000 | $150,000 | |||||
| Sold Comp Median DOM | 72 | 142 | 67 | |||||
| # Bedrms | All Comps Median List price | $176,995 | $169,000 | $159,450 | ||||
| 1 | All Comps Median DOM | 84.5 | 109 | 87 | ||||
| Sold Comp Median SP/LP% | 88.80% | 91.85% | 91.12% | |||||
| This report shows market trends for the property located in the Galt Mile Area of Broward County Florida | ||||||||
| The reporting period is for the time frames of: | ||||||||
| 6 month period of Prior 7-12 month period = 8/12/2009 to 2/10/2010 | ||||||||
| 3 month period of Prior 4-6 month period = 2/10/2010 to 5/13/2010 | ||||||||
| 3 month period of Current 3 month period = 5/13/2010 to 8/12/2010 | ||||||||
| The Reported Trend shows comparison of Prior 7-12 Months ago to Current 3 months: | ||||||||
| Comp sales have DECREASED from | 43.00 | to | 29.00 | |||||
| Absorption rate has INCREASED from | 7.17 | to | 9.67 | |||||
| Total Active Comps has DECREASED from | 82.00 | to | 32.00 | |||||
| Months of Housing Supply has DECREASED from | 11.44 | to | 3.31 | |||||
| ======================================================================================== | ||||||||
| Sold Comp MEDIAN SALES PRICE has DECREASED from | $159,000 | to | $150,000 | |||||
| Sold Comp MEDIAN DOM has DECREASED from | 72.00 | to | 67.00 | |||||
| ALL Comps MEDIAN LIST PRICE has DECREASED from | $176,995 | to | $159,450 | |||||
| ALL Comps MEDIAN DOM has INCREASED from | 84.50 | to | 87.00 | |||||
| Sold Comp MEDIAN SP/LP% has INCREASED from | 88.80% | to | 91.12% | |||||
| ======================================================================================== | ||||||||
| COMP SALES are the number of sales for the Prior 7-12 months period from 12 months to 6 months | ||||||||
| from the evaluation date. Followed by the Prior 4-6 months period of 6 months to 3 months from | ||||||||
| the evaluation date and finally within the most current 3 months. | ||||||||
| ABSORPTION RATE is the number of comp sales divided by the number of months reported: | ||||||||
| 6, 3 and 3 respectively. | ||||||||
| TOTAL ACTIVE COMPS are the number of PENDING DATES falling in the time frames of: | ||||||||
| Prior 7-12 months (6 month period) within the last year of the Evaluation Date then | ||||||||
| Prior 4-6 months (3 month period) of the Evaluation Date then | ||||||||
| Current 3 months from the Evaluation Date. | ||||||||
| MONTHS OF HOUSING SUPPLY is the Total Active Comps divided by the Absorbtion Rate. | ||||||||
| SOLD COMP MEDIAN SALES PRICE is the middle price found in a column when all data for a | ||||||||
| specified time frame is selected in the SALES PRICE column shown for that time period. | ||||||||
| The same process is used to find ALL Comp Median of DOM, List Price, and DOM | ||||||||
| using the Pending Date Column within the specified time frame and SP/LP% for Sold Comps. | ||||||||
| ======================================================================================== | ||||||||
| Upate on the Sales in the Area for 8/12/2010 | ||||||||
| The Trend of Monthly Housing Supply has gone from: | ||||||||
| 6 month period of Prior 7-12 month period = 11.4418604651163 | ||||||||
| 3 month period of Prior 4-6 month period = 5.88888888888889 | ||||||||
| 3 month period of Current 3 month period = 3.31034482758621 | ||||||||
| 28.93% | Change ( 3.31034482758621 / 11.4418604651163 ) in Housing Supply | |||||||
| Since 5/13/2010 there have been > 29 < Sold | ||||||||
| Sale Price to List Price Percentage Summary: | ||||||||
| 7.41% | sold at or more than list price | |||||||
| 62.96% | sold in the 90-100% of list price, | |||||||
| 22.22% | sold in the 80-90% of list price, | |||||||
| 7.41% | sold in the 70-80% of list price, | |||||||
| 0.00% | sold below 70% of the list price. | |||||||
| As for Days on Market (DOM) | ||||||||
| 0 sold in less than 10 days | ||||||||
| 5 sold in 11-30 days | ||||||||
| 4 sold in 31-60 days | ||||||||
| 7 sold in 61-90 days | ||||||||
| 7 sold in 91-180 days | ||||||||
| 4 sold in more than 6 months but less than 9 months | ||||||||
| 0 sold in more than 9 months but less than 1 year | ||||||||
| 0 sold in more than 1 years but less than 2 years | ||||||||
| 0 sold in more than 2 years on the market. | ||||||||
| ======================================================================================== | ||||||||
| List Price | Sale Price | Status Change Date | List Date | Pending Date | Closing Date | Days on Market | ||
| Galt Towers | 494319CA | 199,000 | 170,000 | 8/6/2010 | 5/14/2010 | 6/17/2010 | 8/6/2010 | 34 |
| CRTS | 494319NT | 95,000 | 92,000 | 8/5/2010 | 2/1/2010 | 4/19/2010 | 8/3/2010 | 77 |
| Galt Towers | 494319CA | 179,000 | 162,000 | 8/2/2010 | 6/27/2010 | 7/8/2010 | 8/2/2010 | 11 |
| PlayaDelSol | 494319BJ | 300,000 | 300,000 | 7/26/2010 | 4/8/2010 | 6/21/2010 | 7/23/2010 | 74 |
| Galt Towers | 494319CA | 195,000 | 180,000 | 7/20/2010 | 2/12/2010 | 6/23/2010 | 7/19/2010 | 131 |
| PlayaDelMar | 494319BM | 325,000 | 280,000 | 7/15/2010 | 5/10/2010 | 6/1/2010 | 7/15/2010 | 22 |
| CRTE | 494319NS | 139,900 | 134,000 | 7/20/2010 | 1/4/2010 | 5/20/2010 | 7/15/2010 | 136 |
| CRTN | 494319NN | 65,000 | 60,000 | 7/13/2010 | 2/22/2010 | 4/28/2010 | 7/13/2010 | 65 |
| Ocean Summit | 494319AA | 219,000 | 195,000 | 7/7/2010 | 11/17/2009 | 5/26/2010 | 7/7/2010 | 190 |
| Caribe | 494318NN | 179,000 | 150,000 | 6/30/2010 | 10/6/2009 | 4/17/2010 | 6/30/2010 | 193 |
| Regency South | 494319BA | 179,500 | 175,000 | 6/30/2010 | 5/28/2010 | 6/2/2010 | 6/30/2010 | 5 |
| CRTS | 494319NT | 110,000 | 100,000 | 6/30/2010 | 3/26/2010 | 5/15/2010 | 6/30/2010 | 50 |
| CRTS | 494319NT | 99,900 | 90,000 | 7/4/2010 | 3/9/2010 | 5/12/2010 | 6/29/2010 | 64 |
| CRTE | 494319NS | 99,000 | 90,000 | 6/25/2010 | 10/14/2009 | 3/18/2010 | 6/24/2010 | 155 |
| Plaza South | 494319AM | 265,000 | 245,000 | 6/24/2010 | 4/15/2010 | 5/7/2010 | 6/22/2010 | 22 |
| CRTE | 494319NS | 74,500 | 70,000 | 6/18/2010 | 5/13/2010 | 5/26/2010 | 6/18/2010 | 13 |
| PlayaDelSol | 494319BJ | 225,000 | 184,000 | 6/17/2010 | 12/4/2009 | 4/1/2010 | 6/14/2010 | 118 |
| Galleon | 494319AD | 269,000 | 210,000 | 6/7/2010 | 4/8/2010 | 5/7/2010 | 6/7/2010 | 29 |
| Galt Towers | 494319CA | 149,900 | 145,000 | 6/16/2010 | 3/9/2010 | 5/14/2010 | 6/4/2010 | 66 |
| Galt Towers | 494319CA | 149,600 | 113,000 | 6/3/2010 | 10/31/2009 | 3/13/2010 | 6/2/2010 | 133 |
| Commodore | 494319AB | 215,000 | 200,000 | 5/28/2010 | 4/15/2010 | 4/23/2010 | 5/28/2010 | 8 |
| Riviera | 494319BC | 219,900 | 200,000 | 6/3/2010 | 7/10/2009 | 2/26/2010 | 5/28/2010 | 231 |
| CRTN | 494319NN | 109,900 | 109,000 | 5/28/2010 | 11/18/2009 | 4/27/2010 | 5/28/2010 | 160 |
| CRTN | 494319NN | 99,900 | 109,000 | 5/28/2010 | 3/28/2010 | 4/29/2010 | 5/28/2010 | 32 |
| CRTN | 494319NN | 129,999 | 122,000 | 5/25/2010 | 11/19/2009 | 4/9/2010 | 5/24/2010 | 141 |
| CRTO | 494319NR | 135,000 | 127,500 | 5/21/2010 | 2/22/2010 | 4/30/2010 | 5/21/2010 | 67 |
| CRTO | 494319NR | 89,900 | 78,000 | 5/18/2010 | 8/26/2009 | 4/29/2010 | 5/18/2010 | 246 |
| PlayaDelMar | 494319BM | 359,000 | 320,000 | 5/18/2010 | 3/12/2010 | 4/21/2010 | 5/17/2010 | 40 |
| GOC | 494319CJ | 169,000 | 154,000 | 5/19/2010 | 1/2/2010 | 3/27/2010 | 5/14/2010 | 84 |
| Edgewater Arms | 494319NP | 174,990 | 165,000 | 5/14/2010 | 8/2/2009 | 3/29/2010 | 5/13/2010 | 239 |
| CRTS | 494319nt | 98,000 | 80,000 | 5/18/2010 | 11/27/2009 | 3/5/2010 | 5/11/2010 | 172 |
| CRTS | 494319NT | 64,500 | 60,000 | 5/14/2010 | 10/30/2009 | 1/19/2010 | 5/11/2010 | 81 |
| CRTE | 494319NS | 79,900 | 55,000 | 5/6/2010 | 2/7/2010 | 3/18/2010 | 5/5/2010 | 39 |
| Regency South | 494319BA | 195,970 | 180,000 | 4/28/2010 | 7/30/2009 | 3/30/2010 | 4/26/2010 | 243 |
| Galt Towers | 494319CA | 179,900 | 160,000 | 4/20/2010 | 1/20/2009 | 3/4/2010 | 4/20/2010 | 408 |
| PlayaDelMar | 494319BM | 399,999 | 355,000 | 4/16/2010 | 1/5/2010 | 3/23/2010 | 4/16/2010 | 77 |
| Warwick | 494318BM | 90,000 | 70,000 | 4/9/2010 | 2/1/2010 | 2/23/2010 | 4/9/2010 | 22 |
| PlayaDelSol | 494319BJ | 299,900 | 240,000 | 4/14/2010 | 1/10/2010 | 4/8/2010 | 4/9/2010 | 88 |
| Regency South | 494319BA | 189,000 | 175,000 | 4/5/2010 | 3/19/2009 | 3/5/2010 | 4/5/2010 | 351 |
| PlayaDelSol | 494319BJ | 199,900 | 170,000 | 4/15/2010 | 1/5/2010 | 2/13/2010 | 4/1/2010 | 39 |
| Royal Ambassador | 494319CC | 214,900 | 195,000 | 4/15/2010 | 11/15/2009 | 3/4/2010 | 4/1/2010 | 109 |
| Galt Towers | 494319CA | 152,000 | 147,000 | 4/1/2010 | 1/15/2010 | 1/26/2010 | 3/31/2010 | 11 |
| Galt Towers | 494319CA | 138,000 | 130,000 | 4/1/2010 | 9/4/2009 | 2/23/2010 | 3/30/2010 | 172 |
| Warwick | 494318BM | 84,900 | 84,900 | 4/2/2010 | 2/9/2010 | 2/19/2010 | 3/26/2010 | 10 |
| Galleon | 494319AD | 299,000 | 275,000 | 3/30/2010 | 7/9/2009 | 1/17/2010 | 3/25/2010 | 192 |
| GOC | 494319CJ | 168,000 | 165,000 | 3/19/2010 | 8/6/2009 | 1/18/2010 | 3/19/2010 | 165 |
| Riviera | 494319BC | 199,000 | 186,000 | 4/12/2010 | 1/17/2010 | 2/6/2010 | 3/18/2010 | 20 |
| Ocean Summit | 494319AA | 235,000 | 225,000 | 4/5/2010 | 1/27/2010 | 2/8/2010 | 3/17/2010 | 12 |
| CRTE | 494319NS | 99,900 | 90,000 | 3/18/2010 | 8/14/2009 | 1/30/2010 | 3/17/2010 | 169 |
| CRTS | 494319NT | 109,900 | 120,000 | 3/19/2010 | 12/29/2009 | 2/16/2010 | 3/16/2010 | 49 |
| Royal Ambassador | 494319CC | 285,000 | 239,000 | 3/16/2010 | 9/1/2009 | 2/26/2010 | 3/15/2010 | 178 |
| Galt Towers | 494319CA | 179,000 | 165,000 | 3/17/2010 | 9/15/2009 | 2/4/2010 | 3/10/2010 | 142 |
| Galt Towers | 494319CA | 148,000 | 134,000 | 2/26/2010 | 8/10/2009 | 1/25/2010 | 2/26/2010 | 168 |
| GOC | 494319CJ | 229,000 | 185,000 | 3/1/2010 | 8/21/2008 | 1/25/2010 | 2/26/2010 | 522 |
| CRTO | 494319NR | 150,000 | 115,000 | 2/18/2010 | 10/29/2007 | 2/16/2010 | 2/16/2010 | 841 |
| Regency South | 494319BA | 205,000 | 195,000 | 2/24/2010 | 8/3/2009 | 8/25/2009 | 2/11/2010 | 22 |
| Commodore | 494319AB | 225,000 | 200,000 | 2/5/2010 | 10/25/2009 | 1/5/2010 | 2/5/2010 | 72 |
| CRTS | 494319NT | 109,000 | 90,000 | 2/11/2010 | 11/24/2009 | 1/11/2010 | 2/4/2010 | 48 |
| Regency Tower | 494319AK | 259,000 | 230,000 | 2/3/2010 | 10/26/2009 | 12/30/2009 | 2/3/2010 | 65 |
| Ocean Summit | 494319AA | 195,000 | 188,000 | 2/7/2010 | 6/29/2009 | 7/23/2009 | 2/1/2010 | 24 |
| Galt Towers | 494319CA | 179,000 | 155,000 | 1/29/2010 | 7/21/2009 | 1/11/2010 | 1/27/2010 | 174 |
| Plaza South | 494319AM | 248,900 | 225,000 | 1/25/2010 | 11/27/2009 | 12/20/2009 | 1/15/2010 | 23 |
| CRTE | 494319NS | 99,900 | 92,500 | 1/18/2010 | 11/6/2009 | 12/29/2009 | 1/15/2010 | 53 |
| GOC | 494319CJ | 250,000 | 220,000 | 1/8/2010 | 12/4/2009 | 12/25/2009 | 1/7/2010 | 21 |
| CRTN | 494319NN | 125,000 | 107,500 | 1/16/2010 | 8/3/2009 | 11/18/2009 | 1/7/2010 | 107 |
| CRTS | 494319NT | 114,000 | 100,000 | 1/8/2010 | 3/20/2009 | 12/23/2009 | 12/31/2009 | 278 |
| Regency South | 494319BA | 185,000 | 170,000 | 12/23/2009 | 10/5/2009 | 12/3/2009 | 12/21/2009 | 59 |
| CRTE | 494319NS | 94,500 | 90,000 | 12/16/2009 | 8/20/2009 | 11/18/2009 | 12/16/2009 | 90 |
| CRTS | 494319NT | 82,900 | 74,000 | 12/16/2009 | 9/1/2009 | 10/3/2009 | 12/15/2009 | 32 |
| CRTS | 494319NT | 75,000 | 59,999 | 12/16/2009 | 9/3/2009 | 11/24/2009 | 12/15/2009 | 82 |
| Ocean Manor | 494319CM | 150,000 | 145,000 | 12/27/2009 | 4/14/2008 | 8/10/2009 | 12/14/2009 | 483 |
| CRTN | 494319NN | 125,000 | 122,500 | 12/16/2009 | 2/2/2009 | 10/19/2009 | 12/10/2009 | 259 |
| CRTO | 494319NR | 129,800 | 110,000 | 12/12/2009 | 5/30/2009 | 11/23/2009 | 12/10/2009 | 177 |
| CRTS | 494319NT | 89,000 | 89,000 | 12/6/2009 | 3/30/2009 | 10/15/2009 | 11/23/2009 | 199 |
| Fountainhead | 494318AB | 260,000 | 220,000 | 12/1/2009 | 7/23/2009 | 10/8/2009 | 11/19/2009 | 77 |
| PlayaDelSol | 494319bj | 314,900 | 260,000 | 11/19/2009 | 9/14/2009 | 11/16/2009 | 11/18/2009 | 66 |
| CRTS | 494319NT | 125,000 | 115,000 | 11/18/2009 | 8/26/2009 | 9/2/2009 | 11/17/2009 | 7 |
| Galt Towers | 494319CA | 154,900 | 142,000 | 11/18/2009 | 8/21/2009 | 9/24/2009 | 11/13/2009 | 34 |
| GOC | 494319CJ | 199,900 | 175,000 | 11/19/2009 | 6/3/2009 | 9/9/2009 | 11/13/2009 | 98 |
| Plaza South | 494319AM | 329,000 | 280,000 | 11/6/2009 | 7/7/2009 | 10/26/2009 | 11/6/2009 | 111 |
| Southpoint | 494319BK | 210,000 | 185,000 | 11/6/2009 | 6/26/2009 | 7/21/2009 | 11/6/2009 | 25 |
| Regency Tower | 494319AK | 259,000 | 245,000 | 11/3/2009 | 1/6/2009 | 10/2/2009 | 11/2/2009 | 269 |
| Galleon | 494319AD | 249,900 | 215,000 | 10/30/2009 | 2/7/2009 | 9/25/2009 | 10/30/2009 | 230 |
| Plaza South | 494319AM | 299,500 | 250,000 | 10/29/2009 | 6/16/2009 | 9/24/2009 | 10/23/2009 | 100 |
| PlayaDelSol | 494319BJ | 207,900 | 200,000 | 10/27/2009 | 7/21/2009 | 9/4/2009 | 10/23/2009 | 45 |
| GOC | 494319CJ | 199,500 | 199,000 | 10/15/2009 | 9/23/2009 | 9/26/2009 | 10/15/2009 | 3 |
| CRTS | 494319NT | 89,900 | 80,000 | 10/13/2009 | 4/15/2009 | 6/23/2009 | 10/13/2009 | 69 |
| CRTS | 494319NT | 69,000 | 60,000 | 10/16/2009 | 7/17/2009 | 7/27/2009 | 10/13/2009 | 10 |
| Commodore | 494319AB | 169,900 | 172,000 | 10/10/2009 | 7/24/2009 | 9/9/2009 | 10/7/2009 | 47 |
| CRTS | 494319NT | 99,000 | 92,000 | 10/2/2009 | 6/12/2009 | 8/8/2009 | 9/29/2009 | 57 |
| Commodore | 494319AB | 249,900 | 235,000 | 9/28/2009 | 4/4/2009 | 6/4/2009 | 9/28/2009 | 61 |
| CRTS | 494319NT | 82,900 | 75,000 | 9/24/2009 | 3/10/2009 | 7/15/2009 | 9/22/2009 | 127 |
| GOC | 494319CJ | 179,500 | 157,000 | 9/21/2009 | 3/26/2007 | 7/14/2009 | 9/18/2009 | 841 |
| Ocean Manor | 494319CM | 259,000 | 235,000 | 9/17/2009 | 1/30/2009 | 8/24/2009 | 9/16/2009 | 206 |
| CRTS | 494319NT | 89,428 | 77,000 | 9/20/2009 | 4/3/2009 | 7/15/2009 | 9/14/2009 | 103 |
| Galt Towers | 494319CA | 194,000 | 165,000 | 9/4/2009 | 5/29/2008 | 7/12/2009 | 9/4/2009 | 409 |
| Galt Towers | 494319CA | 195,000 | 159,000 | 9/4/2009 | 6/12/2009 | 8/14/2009 | 9/4/2009 | 63 |
| CRTE | 494319NS | 98,900 | 86,000 | 9/1/2009 | 6/15/2009 | 8/7/2009 | 9/1/2009 | 53 |
| Royal Ambassador | 494319CC | 249,000 | 195,000 | 8/21/2009 | 2/8/2009 | 7/20/2009 | 8/20/2009 | 162 |